It's deja vu all over again (only this time it's going to be different):
"Even bad news couldn't shake the market. Investors looked past a U.S.
government report that the number of Americans lining up to receive
first-time unemployment benefits last week reached its highest level since
1992. Worries that a three-year economic slump would leave Argentina unable
to pay its debt also rolled off Wall Street."
Motorola, Si! Savonarola, No!
Reality checks, folks. My reading is that the bad news shook the market UP.
It's like they say in the Beatles song,
You say you want an intervention
Well you know
We all want to change the rate
You tell me it's a big recession
Well you know
We all want to change the rate
But if you go carrying pictures of Chairman Greenspan . . .
[Pen-l contest: complete the last line here, what rhymes with Greenspan,
anyway?]
Tom Walker
Bowen Island, BC
604 947 2213
